Small Businesses: Late Payments Debate

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Baroness Sharples

Main Page: Baroness Sharples (Conservative - Life peer)

Small Businesses: Late Payments

Baroness Sharples Excerpts
Tuesday 11th June 2013

(10 years, 11 months ago)

Lords Chamber
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Lord Popat Portrait Lord Popat
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My Lords, the Government are doing everything possible to encourage a culture of prompt payment. As I said earlier, 75% of FTSE 100 companies have already signed up to prompt payment.

Baroness Sharples Portrait Baroness Sharples
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Can my noble friend say whether the ministries are paying their debts on time?

Lord Popat Portrait Lord Popat
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The noble Baroness raises an important issue. The department is doing everything it can to speed up prompt payment, both for SMEs and for large companies.